PT Wintermar's market value is the price at which a share of PT Wintermar trades on a public exchange. It measures the collective expectations of PT Wintermar Offshore investors about its performance. PT Wintermar is trading at 0.0215 as of the 8th of January 2025. This is a 14 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0215. With this module, you can estimate the performance of a buy and hold strategy of PT Wintermar Offshore and determine expected loss or profit from investing in PT Wintermar over a given investment horizon. Check out PT Wintermar Correlation, PT Wintermar Volatility and PT Wintermar Alpha and Beta module to complement your research on PT Wintermar.
Please note, there is a significant difference between PT Wintermar's value and its price as these two are different measures arrived at by different means. Investors typically determine if PT Wintermar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PT Wintermar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
PT Wintermar 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to PT Wintermar's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of PT Wintermar.
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11/09/2024
No Change 0.00
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In 2 months and 2 days
01/08/2025
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If you would invest 0.00 in PT Wintermar on November 9, 2024 and sell it all today you would earn a total of 0.00 from holding PT Wintermar Offshore or generate 0.0% return on investment in PT Wintermar over 60 days. PT Wintermar is related to or competes with Corporate Office, Sumitomo Rubber, Goodyear Tire, Plastic Omnium, Haverty Furniture, Alstria Office, and 24SEVENOFFICE GROUP. PT Wintermar Offshore Marine Tbk supporting services for the offshore transportation for the oil and gas industry in Ind... More
PT Wintermar Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure PT Wintermar's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess PT Wintermar Offshore upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Wintermar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Wintermar's standard deviation. In reality, there are many statistical measures that can use PT Wintermar historical prices to predict the future PT Wintermar's volatility.
PT Wintermar Offshore retains Efficiency (Sharpe Ratio) of -0.0865, which implies the firm had a -0.0865% return per unit of price deviation over the last 3 months. PT Wintermar exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Wintermar's information ratio of (0.06), and Market Risk Adjusted Performance of (0.46) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.66, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PT Wintermar's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Wintermar is expected to be smaller as well. At this point, PT Wintermar Offshore has a negative expected return of -0.35%. Please make sure to check PT Wintermar's mean deviation, information ratio, potential upside, as well as the relationship between the standard deviation and total risk alpha , to decide if PT Wintermar Offshore performance from the past will be repeated at some future date.
Auto-correlation
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No correlation between past and present
PT Wintermar Offshore has no correlation between past and present. Overlapping area represents the amount of predictability between PT Wintermar time series from 9th of November 2024 to 9th of December 2024 and 9th of December 2024 to 8th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PT Wintermar Offshore price movement. The serial correlation of 0.0 indicates that just 0.0% of current PT Wintermar price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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PT Wintermar Offshore lagged returns against current returns
Autocorrelation, which is PT Wintermar stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting PT Wintermar's stock expected returns. We can calculate the autocorrelation of PT Wintermar returns to help us make a trade decision. For example, suppose you find that PT Wintermar has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
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PT Wintermar regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PT Wintermar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Wintermar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Wintermar stock over time.
Current vs Lagged Prices
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PT Wintermar Lagged Returns
When evaluating PT Wintermar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Wintermar stock have on its future price. PT Wintermar autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, PT Wintermar autocorrelation shows the relationship between PT Wintermar stock current value and its past values and can show if there is a momentum factor associated with investing in PT Wintermar Offshore.
PT Wintermar financial ratios help investors to determine whether W6O Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in W6O with respect to the benefits of owning PT Wintermar security.